Page 2 - Rupee Plunges

No panic about the rupee

Govt should focus on increasing Indian competitiveness

As rupee approaches 70, Assocham urges RBI, FinMin to ensure stability

This comes after the Indian Rupee plunged to an all-time low of Rs 68.89 per US dollar earlier this week

Markets fall on rupee, macro pressure and tensions over US-China trade war

The benchmark BSE Sensex fell as much as 280 points on Thursday, before stemming some losses to close at 35,038, down 179 points, or 0.5 per cent.

Petrol, diesel to cost more; rupee's fall may not push up airfares for now

The depreciating rupee is a cause for concern for Indian airlines, as 25-30 per cent of their cost (excluding fuel) is dollar-denominated

Indian companies are taking cover on unhedged positions as rupee falls

Top companies with significant export income are continuously raising debt from abroad to refinance earlier loans and, in the process, cut costs

Currency crash: Weakening rupee may not help India's export by much

With India being a net importing nation, with a trade deficit of $156.8 billion last year, a weaker rupee has significant repercussion

Rupee slide to weaken equity return; IT and pharma stocks look good

Corporate India, however, remains a net importer at the aggregate level and this explains why the broader market reacts negatively to currency depreciation

Rupee hits fresh 15-month low of 67.32; macro headwinds, crude oil hurt

The rupee crumbled to a fresh intra-day low of 67.44 in mid-morning deals before staging a spirited recovery

Rupee plunges to 67 per dollar as crude oil spikes; Sensex at 3-month high

Brent crude, the global benchmark, was trading at $75.71 by the time currency markets closed in India

Rupee falls by 15 paise to near 7-month low of 65.64 against US dollar

This is the weakest close for the Indian currency since September 27, 2017 when it had ended at 65.72

Rupee wipes out three-day gains, tumbles 25 paise to 65.14 against dollar

Fresh capital outflows also kept forex traders highly nervous despite a relief rally in local equities

Rupee dives to 3-months low of 65.17 against dollar due to rate hike fear

Cost inflation rose to the highest since February 2017, bolstering the expectation of continued inflationary risks over the coming months

Rupee falls 55 paise to 64.04 a dollar amid deficit, oil price concerns

Overall forex sentiment turned into dismay after the country's trade deficit widened to a three-year high